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Please show me the equation that you used to answer this , and explain why you got the answers you did CPI Practice* Using the

Please show me the equation that you used to answer this , and explain why you got the answers you did

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CPI Practice* Using the values of the market baskets below, calculate the CPI for each year. Start with 2009 as the base year then recalculate with 2010 as the base year. Lastly, recalculate with 2011 as the base year. Market Year Base Year Base Year Base year Basket 2009 2010 2011 2009 $20 100 50 2010 $40 100 . 100 2011 $50 100

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